Over the past two decades, the Russian forest industry has faced many challenges. The combination of growing competition from imports, digitalization of the economy, competition from substitute materials, environmental problems and recent economic sanctions have led to a decrease in investment activity in the innovative development of the forest industry. The growing realization of the ecological properties of wood encourages governments and private enterprises to invest resources in research and development of innovative materials and products derived from this material[12]. Similarly, the desire for energy independence and concerns about climate change are driving the development of renewable energy. Woody biomass is a carbon-neutral energy source that can provide heat for district heating or be converted into biofuels by thermochemical or biochemical processes [20]. This article provides some examples of major innovations in the production and application of wood products. The author’s definition of “innovations in the timber industry” is presented. The most effective measures of state support of the industry are highlighted. The stimulating aspects of innovation development in the forest sector are defined. This study found that the implementation of programs of transformation and innovation stimulation of the Russian timber industry is possible only with the radical tools used by the state.
The Real Estate market is heavily influenced by internal and external factors. These factors address the negative impact on the level of market stability. In many cases, market fluctuations were largely due to the changing legislation. This makes grow demands in the housing market (the primary market) on the one hand but on the other provides a significant boost leading to high price levels of square meters. Today many people get possession of real estate due to mostly by mortgage loans and shared construction preferring house-buying at the primary market cause of lower prices especially if you buy it at the start of building construction. Recently taking into account the land fraud from the construction companies and as a result revising of shared construction of making contracts is under consideration of laws regulating and other types of financing for housing construction. The transition to the new financing for housing construction system means капитала convergence toward project financing. The real estate development will need to be financed by the Bank. That approach was expected to reduce risks for builders and owners (consumers). In the advanced world this scheme is used for a long time and allows essentially simplifying the mechanism for attracting funds for construction and reducing a need for dedicated financial resources from various-level budgets for the finalization of housing projects.
In Russia and abroad, the scope of the use of gold has significantly expanded, which undoubtedly affected the level of production. However, despite the fairly high rates of gold mining, the economic situation that has developed in recent years makes the companies look for new innovative placer processing technologies that will allow preserving and increasing the extraction of the precious metals. The search for and exploration of new placer gold deposits requires very considerable financial resources and time, and therefore the proposed project for the extraction of alluvial gold from technogenic deposits is of great importance for the functioning of the mining industry of the Irkutsk region, since it helps to overcome at least two negative trends: firstly, the deterioration of the mineral resource base, and secondly, large losses of gold with dump products (up to 50%) associated with the use of obsolete washing equipment. Modernization of production capacities and processing technologies is not only one of the main factors for increasing competitiveness in the gold mining industry and attracting investors, but will also help increasing the mineral resource base of the Irkutsk region by reassessing technogenic deposits, setting gold technogenic deposits on the balance, development of technologies for technogenic deposits and processing, and involvement of technogenic deposits in the mass processing.
In the context of the aggravated economic crisis in many countries, including Russia, there has been a sharp decline in investment activity in the real estate market in recent years. In conditions of economic crisis, invariably there is a drop of supply and demand in the property market on the one hand due to the decline in real incomes, on the other hand the growth of prices for construction materials which in turn leads to increased property values. The increase in inflation also provokes a reduction in investment activity. [7] Accordingly, all this leads to the fact that Russian investors began to refrain from real estate development projects. Construction of capital commercial real estate objects in Russia currently has a low profitability and a high risk of loss, as the price of objects decreases while the cost of materials and labor increases. Against the general background, the share of the transactions in the secondary market of both residential and commercial real estate is growing, this is primarily due to the increase in profitability from renting out real estate.
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